I made a trip to the coin shop this morning

had to pick up some Silver Eagles again, after ditching them for cash back when gold was peaking. I exited the trades at Ag - 40.50$ and Au - 1825.

This morning i read this, which reminded me why i entered the trade in the first place.

For those paying attention, and that actually labor for their capital, you'd be wise to pay attention and inform youself that you ahve two options at this point in time, for your stored labor (savings)

1. Park it in cash2. park it in metals

Cash = a short on goldGold = a short on cash

I was bullish on the dollar in the short term when i exited the trade, and now, remembering that Obama is working towards eclipsing a National Debt of over 20 trillion before he's served six years in the oval office, am ready to jump back in. NOt buying any gold this time, just gonna stick with silver, as i had read some stories on line about novice infestors having trouble getting good money for their physical gold. Silver, not so much

Switching the fineness of silver in the annual Silver Proof sets and America the Beautiful Quarters Silver Proof set to .999 from the current .900 would produce significant savings in refining and manufacturing costs for the U.S. Mint...

where is the best place to buy silver eagles?.. or silver coins in general? ...... do you ever deal online anywhere?

thx

I buy them at the coin shop. Less than two miles from my house, is the local distributor, they are always stocked, and they buy eagles @ market as well. Their money is good, so i give them my business

I'm so torn as to what i think will happen in the short term,,,,,but i see gas and stocks churning up, i knew i didn't want to be all cash anymore. dumped all my etrade acct into SLV, and went a bought a couple rolls of eagles. Probably going to shop for a loan, if i can get <3%, i will take a levered position in physical.

Very odd the sense of comfort that these shiny coins bring, relative to a pile of cash

I'm so torn as to what i think will happen in the short term,,,,,but
i see gas and stocks churning up, i knew i didn't want to be all cash
anymore. dumped all my etrade acct into SLV, and went a bought a couple
rolls of eagles. Probably going to shop for a loan, if i can get <3%,
i will take a levered position in physical.---------------------ive thought about this...instead i took the money i saved on my refi and put it into silver each month

wonder what happens this spring when the MENA countries have another food price shock

The Triffin dilemma (or the Triffin paradox) is a theory that when a national currency also serves as an international reserve currency,
there could be conflicts of interest between short-term domestic and
long-term international economic objectives. This dilemma was first
identified by Belgian-American economist Robert Triffin
in the 1960s, who pointed out that the country whose currency foreign
nations wish to hold (the global reserve currency) must be willing to
supply the world with an extra supply of its currency to fulfill world
demand for this 'reserve' currency (foreign exchange reserves) and thus cause a trade deficit.

The use of a national currency (i.e. the US dollar) as global reserve
currency leads to a tension between national monetary policy and global
monetary policy. This is reflected in fundamental imbalances in the balance of payments, specifically the current account: some goals require an overall flow of dollars out of the United States, while others require an overall flow of dollars in to the United States. Currency inflows and outflows of equal magnitudes cannot both happen at once.

The Triffin dilemma is usually used to articulate the problems with the US dollar's role as the reserve currency under the Bretton Woods system, or more generally of using any national currency as an international reserve currency.

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